The main provisions brought by law are the following: • Increasing the threshold for debts based on which the insolvency is requested. The new threshold is RON 50,000 (the former threshold was RON 40,000); • The condition related to the fact that the request can be submitted by the debtor only if the amount of budget debts is less than 50% of the declared total debts has been repealed; • Removal of the mention according to which the forced execution can be started for the debts accumulated during the insolvency procedure; • The possibility of assigning fiscal debts without conditions (e.g. the assignment price to be equal to the value of budgetary receivables).
Tax Alert Tax amnesty Law no. 177/2026 – applying procedure ANAF Order No. 1512/2026 approved the procedure for applying the tax amnesty provided by the Law No. 177/2026. It applies to taxpayers… Read more
Tax Alert Suspension of QR Code Penalties on Fiscal Receipts and Abolition of the Fee on Non-EU Parcels The main amendments introduced by Government Emergency Ordinance No. 43/2026, published in the Romanian Official Gazette No. 915 on 30 October 2026,… Read more
Tax Alert Fiscal Alert – QR Code Requirement for Fiscal Receipts As of November 1, 2026, the issuance of fiscal receipts containing a QR code will become mandatory. At present, there is an… Read more